Lightspeed leads Asian, Western VCs investing $25 million in SolarEdge in Israel
Lightspeed Venture Partners, Silicon Valley VC firm, has led an investor group in committing $25 million to SolarEdge Technologies, an Israel-based provider of distributed solar power harvesting and monitoring solutions, alongside existing backers, including Opus Capital, Genesis Partners, ORR Partners, and Asian-focused firms Walden International, Vertex Venture Capital and JP Asia Capital Partners.
Lightspeed has operations in China, India and Israel, as well as the US. The SolarEdge photovoltaic power harvesting solution includes so-called PowerBoxes, which are module-integrated power optimizers,...
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